Performance analysis of Mercantile Bank (MBWM)
Annual Return
Over the past 3 years, MBWM has had an average annual return of +25.08%, outperforming the benchmark SPY, which returned +19.62% annual.
Over the past 5 years, MBWM has had an average annual return of +18.51%, outperforming the benchmark SPY, which returned +12.73% annual.
Over the past 10 years, MBWM has had an average annual return of +12.99%, underperforming the benchmark SPY, which returned +15.04% annual.
Since Nov 1, 1999, MBWM has had an average annual return of +9.27%, outperforming the benchmark SPY, which returned +8.49% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +25.96% | +11.66% | +14.04% | +25.76% | -0.86% | +33.74% | -22.00% | +33.31% | -17.85% | -4.00% | +59.75% | +20.03% |
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| +9.26% | +33.98% | +70.28% | +18.90% | +167.05% | -27.14% | -71.46% | -55.78% | +9.40% | +3.65% | +9.32% | +63.88% |
| 2002 | 2001 | 2000 | 1999 | ||||||||
| +40.24% | +56.89% | -6.83% | -16.06% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +8.07% | -0.62% | -1.49% | +1.60% | +3.27% | +9.16% | +3.94% | +25.96% | |||||
| 2025 | +9.71% | -1.23% | -9.16% | -2.60% | +4.37% | +5.97% | -1.55% | +7.79% | -7.92% | -2.56% | +4.86% | +5.46% | +11.66% |
| 2024 | -0.72% | -7.23% | +4.48% | -6.26% | +6.18% | +6.92% | +19.20% | -4.92% | -4.12% | -1.97% | +16.78% | -10.48% | +14.04% |
| 2023 | +2.54% | +0.76% | -10.75% | -8.24% | -7.23% | +7.43% | +27.16% | -3.99% | -7.40% | +6.57% | +5.43% | +17.42% | +25.76% |
| 2022 | +9.82% | -4.16% | -3.14% | -11.35% | +5.25% | -2.40% | +10.92% | -6.66% | -9.31% | +17.64% | -0.40% | -2.93% | -0.86% |
| 2021 | -0.07% | +7.70% | +12.10% | -0.58% | +0.06% | -5.67% | +3.48% | -0.16% | +3.64% | +7.31% | -2.30% | +5.24% | +33.74% |
| 2020 | -10.15% | -12.45% | -25.47% | +11.48% | -2.80% | -0.31% | -5.79% | +2.58% | -16.41% | +21.31% | +13.59% | +10.64% | -22.00% |
| 2019 | +17.48% | +4.31% | -4.77% | +3.30% | -8.73% | +6.48% | +3.13% | -8.42% | +7.53% | +7.35% | +0.11% | +4.26% | +33.31% |
| 2018 | -1.36% | -5.13% | +1.08% | +6.17% | +2.27% | +2.99% | -3.90% | -0.31% | -5.10% | -4.82% | +0.57% | -10.75% | -17.85% |
| 2017 | -14.32% | +3.53% | +3.43% | -2.24% | -7.61% | +1.91% | +1.08% | -4.49% | +15.59% | +3.44% | +2.80% | -4.18% | -4.00% |
Drawdown analysis of Mercantile Bank (MBWM)
The maximum drawdown for the MBWM was -92.59%, occurring on Jun 24, 2009. Recovery took 1861 trading sessions.
Since Nov 1, 1999 MBWM has experienced the following drawdowns:
- 50% or more: 2 times
- 40% or more: 2 times
- 30% or more: 4 times
- 20% or more: 9 times
- 10% or more: 22 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -92.59% | Jul 13, 2005 | 994 | Jun 24, 2009 | 1861 | Nov 11, 2016 | 2855 |
| -52.14% | Dec 17, 2019 | 193 | Sep 23, 2020 | 270 | Oct 19, 2021 | 463 |
| -37.91% | Nov 2, 1999 | 149 | Jun 6, 2000 | 152 | Jan 11, 2001 | 301 |
| -36.05% | Jan 25, 2022 | 325 | May 11, 2023 | 129 | Nov 14, 2023 | 454 |
| -29.29% | Jul 9, 2018 | 117 | Dec 24, 2018 | 246 | Dec 16, 2019 | 363 |
| -25.00% | Feb 11, 2025 | 42 | Apr 11, 2025 | 186 | Jan 8, 2026 | 228 |
| -24.92% | May 28, 2002 | 40 | Jul 24, 2002 | 102 | Dec 17, 2002 | 142 |
| -22.44% | Dec 20, 2016 | 179 | Sep 7, 2017 | 58 | Nov 29, 2017 | 237 |
| -20.60% | Jan 5, 2004 | 94 | May 19, 2004 | 122 | Nov 11, 2004 | 216 |
| -19.38% | Jan 30, 2024 | 54 | Apr 17, 2024 | 58 | Jul 11, 2024 | 112 |
| -19.03% | Aug 13, 2001 | 24 | Sep 21, 2001 | 79 | Jan 15, 2002 | 103 |
| -17.93% | Nov 6, 2024 | 43 | Jan 10, 2025 | 21 | Feb 11, 2025 | 64 |
| -17.66% | Jul 26, 2024 | 10 | Aug 9, 2024 | 62 | Nov 6, 2024 | 72 |
| -13.14% | Feb 11, 2005 | 52 | Apr 28, 2005 | 35 | Jun 17, 2005 | 87 |
| -11.95% | Nov 29, 2017 | 61 | Feb 28, 2018 | 66 | Jun 4, 2018 | 127 |
| -11.93% | Dec 1, 2004 | 26 | Jan 7, 2005 | 12 | Jan 26, 2005 | 38 |
| -11.40% | Jan 11, 2001 | 7 | Jan 23, 2001 | 16 | Feb 14, 2001 | 23 |
| -11.00% | Dec 27, 2023 | 12 | Jan 16, 2024 | 9 | Jan 29, 2024 | 21 |
| -10.86% | Jul 31, 2003 | 7 | Aug 11, 2003 | 76 | Nov 26, 2003 | 83 |
| -10.77% | Feb 5, 2026 | 30 | Mar 20, 2026 | 56 | Jun 10, 2026 | 86 |
| -10.55% | Jan 31, 2003 | 30 | Mar 17, 2003 | 20 | Apr 14, 2003 | 50 |
| -10.12% | Nov 11, 2021 | 13 | Dec 1, 2021 | 25 | Jan 6, 2022 | 38 |
| -9.76% | Jul 6, 2001 | 6 | Jul 16, 2001 | 14 | Aug 3, 2001 | 20 |
| -8.70% | Feb 15, 2001 | 20 | Mar 16, 2001 | 20 | Apr 16, 2001 | 40 |
| -8.37% | May 1, 2003 | 24 | Jun 5, 2003 | 11 | Jun 20, 2003 | 35 |